Group,
Here is an email I sent to UP Investor Relations and the reply.
BRAD
----- Original Message -----
From: <JHAMANN@up.com>
To: <bradslaney@wizard.com>
Sent: Friday, December 19, 2003 1:14 PM
Subject: Re: Story on CBS News
>
> Mr. Slaney:
>
> Thank you for sharing your concerns about Union Pacific's licensing
> program. Union Pacific announced a formal licensing program in 2002. The
> program for the model railroad industry was developed in consultation with
> the Model Railroad Industry Association. Rates for model railroad
> manufacturers are extremely low and small businesses are generally exempt
> from royalty payments. Media reports and internet chatter have
> inaccurately portrayed the royalty fees. On a $10 model, royalty rates
are
> pennies. You can find additional information about our licensing program
> on our Web site at http://www.uprr.com/newsinfo/modelrail.shtml.
>
> Thank you for your interest in Union Pacific.
>
> Jennifer Hamann
> AVP - Investor Relations
> Union Pacific Corporation
> jhamann@up.com
>
> <bradslaney@wizar
> d.com> To: <jhamann@up.com>
> cc:
> 12/19/2003 09:29 Subject: Story on CBS News
> AM
>
>
>
> I was amazed at the story about Union Pacific on the CBS Evening News
> yesterday evening. I'm ashamed to say I'm a stockholder. The revenue
> derived from electric train manufacturers would appear to be minimal and
is
> far outshadowed by the UP's ginchly appearance. Dick Davidson should put
a
> stop to this immediately. It makes Union Pacific look cheap.
>
> Thank you,
>
> BRAD SLANEY
> Las Vegas, NV
>
>
>
>
>
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